Sticker shock for some, rate hikes for most homeowner s and flood insurance
Last year, he paid roughly $2000 for flood insurance. He just got the bill for this year. It’s now more than $8,000. Author: Thanh Truong / Eyewitness News Published: 4:25 PM CDT May 10, 2021 Updated: 6:14 PM CDT May 10, 2021
With hurricane season approaching, you may notice that premiums for your homeowner’s and flood insurance are higher than last year. We’ve heard from several viewers who say the bills for their policies this year are absurdly high.
Wayne Melerine sent us an email about his family’s home in Delacroix in St. Bernard Parish. Before it became a fishing camp for rent, it was where Melerine was raised. His dad built it in 1965, after Hurricane Betsy.